Research Library

Research Contributions

Selected research papers and analytical studies on telecom spectrum management, auction design and policy analysis

RESEARCH PAPER

Spectrum Pricing Modelling

Year badge: 2020

Abstract: A study exploring valuation methodologies and reserve price modelling approaches for telecom spectrum auctions in India. The relationship between the Selling price and input variables is explored in this research using, OLS parametric regression modelling.                                                                                                                             

Key Topics:

• Spectrum Valuation for 1800 MHz anchor band.
• Different models used by TRAI
• The price to performance comparison

RESEARCH PAPER

An analysis of Spectrum Auction outcome in India

Year badge: 2021

Abstract: This paper is an effort to understand the various spectrum auctions and their outcome that were held from the year 2010 to 2021 in India. This paper explores the auction generated data in the public domain to analyze the auction result with regard to certain benchmarks such as winning price, reserve price, quantum of spectrum sold, revenue generated etc.

Key Topics:

• Bidding activity
• Trajectory of the bidding price 
• The price comparison in different circles for different bands.

RESEARCH PAPER

Spectrum Pricing Modelling II

Year badge: 2021

Abstract: This is an update of the 2020 study exploring valuation methodologies and reserve price modelling approaches for telecom spectrum auctions in India. After the 2021 auction additional input was received this paper is an attempt to review the association established between the response variable (Winning Price) and other explanatory variables. 

Key Topics:

• Spectrum Valuation for 1800 MHz anchor band.
• Different models used by TRAI.
• Winning price shaped by the models.

RESEARCH PAPER

SMRA Analysis

Year badge: 2025

Abstract: This study evaluates the performance of India’s spectrum auctions conducted under the Simultaneous Multiple Round Auction (SMRA) format during 2010–2024. Using the winning price to reserve price (WP/RP) ratio as the primary indicator, complemented by the sold/offered (S/O) ratio of spectrum blocks, the analysis investigates trends in price discovery, allocation efficiency, and market competition.

Key Topics:

• Transformation from seller’s market to buyer’s market.
• The decline of market competition in spectrum. 
• How to recalibrate the auction.